This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
2-bedroom, 1-bathroom country_house of 74 m², built in 1960. Located Bordeira parish, Aljezur municipality, Faro district. Noteworthy Features: Offers the potential to be transformed into a 3-bedroom layout with a spacious living room and is just a 15-minute walk from Carrapateira beach.
The valuation. The asking price of €315,000 is significantly above the fair value of €104,568, resulting in an overpriced verdict of €210,432 (66.8%). This disparity indicates that potential buyers should approach with caution. Buy-to-flip angle. A resale strategy targeting vacationers could be considered, but given the asking price, significant renovations would be necessary to likely attract a competitive offer. The current condition may limit the potential for a profitable flip. Buy-to-let angle. With a gross yield of 0%, long-term rental prospects appear bleak in this condition. However, seasonal rentals could generate revenue if the property is updated, despite resurging competition in the tourist market.
Fair value modelled at €104,568 from the area baseline, adjusted for condition and location. Asking €315,000 sits €210,432 (66.8%) above — overpriced versus fair value.
Asking €315,000 versus the Bordeira, Aljezur, Faro area baseline of €127,058 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 45/100 (Condition 42 · Materials 50 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 75 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Bordeira, Aljezur, Faro
Area baseline €127,058 + condition -€34,688 + location +€12,198 = modelled fair value of €104,568 (€1,413/m²), a €210,432 (66.8%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Bordeira · 023c3c | Subject | €315,000 | €4,257 | — | 42 | 74 |
| rua da Boavista, 1 | Active | €315,000 | €4,257 | 0% | 40 | 68 |
| Bordeira · 25f44f | Active | €460,000 | €3,333 | 21.7% | 55 | 64 |
| travessa do Castelo | Active | €460,000 | €2,233 | 47.5% | 60 | 68 |
| rua Direita, 13 | Active | €470,000 | €4,845 | 13.8% | 36 | 70 |
| Median comp | €460,000 | €3,795 | 10.8% | 48 | 68 |
Short-term vacation rental The property is overpriced by 66.8% compared to its fair value of €104,568, making it a risky investment for short-term vacation rentals amid seasonal economic influences. Additionally, with a yield of 0% gross and a condition score of 45/100, the potential for a profitable vacation rental operation is severely limited. Long-term rental At €315,000, this property is significantly above the calculated fair value, indicating that long-term rental profitability may be unattainable. The poor condition rating (45/100) further complicates the investment, as any necessary renovations to attract long-term tenants could negate potential returns. Family rental Though family rentals often seek out community-oriented locations like Bordeira, the current price of €315,000 is excessive against the fair value of €104,568, placing it out of reach for many prospective tenants. Furthermore, the low condition score of 45/100 suggests that significant improvements would be required to make the property suitable for family living, further limiting its appeal in this segment.
Economic Decline Risk The property has an economic stability score of 60/100, indicating potential vulnerabilities in market conditions that could impact future rental income negatively.
